Thursday morning. Today toal bank meets discuss policy. Expectations are that it will update the forecast for inflation, and giveve investors clues as to whether it will change easing program. Investors will be listening closely to any comments from mario about the slowdown in china. Hans nichols joins us now from berlin. The morning to you. What are we listening for . Hans if mario starts off his press conference in mandarin, you know it is a bad sign. But what were really looking for are two things. What do they do . Expectations, if they do change, what sort of pants will there be for what they may do . They could maybe talk about hinting clues, extending it beyond september 2016. When you look at expectations, the big question is how are they going to factor in the lower price of oil. When we saw they did in june, when they had expectations for 0. 3 . Look at a price in june, the price of oil they were thinking of about 63 a barrel. They hit all the way down to 43 a barrel last mon